Interesting analysis https://medium.com/@octskyward/the-resolution-of-the-bitcoin-experiment-dabb30201f7#.l62bgphzz
Bitcoin appears to be crashing hard on the news, down $15 at the last low, check the chart from when the story broke around 8 PM EST, it has just dropped out straight down from the moment the Hearns article went out. how far will it crash?
I don't agree.This is the Halving year of BTC the reward per block will change from 25 BTC to 12,5 BTC in july 2016. The price will be bumped by chinese miners.So my prediction is big bump in May 2016 to 800 dollars then straight to 1000.
I think $300 is the buy point for too many people watching for it to fall below that. Unless another shoe drops...